Weekly TechUkraine Digest 2021

What has happened in the Ukrainian tech market during 19-23 of April 2021?

Venture capital and startups: 

The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan equivalent to $65 million to Horizon Capital portfolio company Datagroup. This is the largest EBRD loan for Ukraine’s telecommunications, media, and technology sector – read

The world’s largest road travel marketplace BlaBlaCar acquired Ukrainian Octobus, a powerful cloud service for managing bus&coach business which maintains sales and distribution, CRM, revenue management, fleet efficiency. Recently Blablacar announced to open an engineering hub in Kyiv for technological and product solutions – read

Ecosystem news:

6 Ukrainian IT and telecom companies are among the 200 largest companies by tax payments to the budget in 2020 according to the magazine Rating: No. 14 – Kyivstar (₴6.7B in taxes over a year), No. 20 – Vodafone Ukraine (₴3.3 and ₴2.8 billion), No. 24 – Google Ukraine (up to $100 million), No. 44 – Ukrtelecom (between ₴1.5 and ₴1.4 billion), No. 62 – Lifecell (about ₴1 billion), No. 155 – Emarket Ukraine, LLC OLX Group (₴341 and ₴337 million) – read

Ukrainian e-bikes Delfast is launching the production in Ukraine based on the Kyiv radio plant. The company ran a crowdfunding campaign, landing €3.4 million to localize its e-bike manufacture and speed up delivery – read

Greencubator launched Climate Innovation Vouchers phase II: the best 30 projects will be granted up to 50 000 € for implementation of the innovative solutions. The cases of 10 CIV beneficiaries became a part of the Green Expedition media project implemented by Ukrainer in cooperation with Greencubator – read

The story of the Ukrainian wireless security system Ajax Systems that provides the high-level project for the municipality of Bergen, Norway, of protecting the wooden architecture of the city, which is a UNESCO World Heritage Site – read 

The article of the Docudays UA International Human Rights Documentary Film Festival that developed online cinema DOCUSPACE to answer to the pandemic challenges. Online cinema brings together a creative community of documentary filmmakers, human rights advocates, researchers, and everyone who appreciates documentary film. Via the DOCUSPACE, everyone can watch documentaries, discuss them and implement qualitative change in your community’s life – read

Ukrainian machine-building company Aeromeh manufactures innovative grain cleaning equipment for companies in 30 countries worldwide. Last year it won the all-Ukrainian contest “Invention of the Year 2020” by the Ukrainian Chamber of Commerce and Industry, which determined the best inventions and developments for the last 5 years – read

Ukrainian jewelry mono-brand ABCDRINGS uses 3-D metal printing to create the perfect geometry rings with the harmony of proportions and minimalism simplicity. In 2018 ABCDRINGS participated within the Ukrainian Modern_ISM pavilion in the Dutch Design Week in Eindhoven – read

The GUAM International Center for Innovation and Technology Transfer will be established in the near future to become a part of the future GUAM & Partners International Innovation Development Corporation. Among the issues raised at the subgroup meeting was the cooperation of GUAM member states in the field of space technologies – read


The 200 largest Ukrainian companies by tax payments in 2020 by Rating magazine – read

TechUkraine, AIN, Vector, Rating Magazine

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